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611 Coors Blvd NW

1.39 Acres of Commercial Land Offered at $975,000 in Albuquerque, NM 87121

Investment Highlights

  • High Traffic Location on Growing West Side Albuquerque - 27,000 VPD
  • Underserved Trade Area
  • MX-M Zoning - Allows for most commercial uses
  • Ideal Development Parcel

Executive Summary

Absolute Investment Realty is proud to present this prime development opportunity located just south west of the intersection of Coors & Fortuna. This area has seen tremendous growth in the past few years making this property a prime candidate for commercial development. Recently, several large parcels in the trade area have sold to developers and several new retail projects have been developed. The topography of this site, combined with the off-hard-corner location, and the NR-BP makes this site ideal for a number of commercial uses. Some of the nearby business include McDonald’s, Subway, Weck’s, Blake’s Lotaburger, O’Reilly Auto Parts, and T-Mobile. Don’t miss this opportunity to own this well located development parcel in one of Albuquerque’s most desirable trade areas.
The seller of the property also owns an adjacent parcel that fronts Coors Blvd. The buyer of this property could acquire both parcels and have access to Coors. Owner financing also available. - Inquire with broker for more information.

Property Facts

Price $975,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 1.39 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $975,000
Price Per AC $701,439
Lot Size 1.39 AC

Prime development lot located in one of Albuquerque's fastest growing trade areas just off the hard corner of Coors & Fortuna in Albuquerque.

Description

Prime development lot located in growing trade area of Albuquerque, NM with excellent frontage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-010-058-503198-4-03-14
Land Assessment
$66,660
Improvements Assessment
$0
Total Assessment
$66,660

zoning

Zoning Code MX-M (MX-M allows for a multitude of commercial and residential uses such as Restaurants, Bars, Retail, Hotel, Fuel Stations, Auto Repair and Sales, etc.)
MX-M (MX-M allows for a multitude of commercial and residential uses such as Restaurants, Bars, Retail, Hotel, Fuel Stations, Auto Repair and Sales, etc.)
  • Listing ID: 32060410

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: 611 Coors Blvd NW, Albuquerque, NM 87121

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